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L&T Money Market Fund Direct IDCW Monthly

Debt
Money Market
Low to Moderate Risk
5.87%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Jan 2022₹12.10
Min. SIP amount₹1,000
Rating2
Fund size₹1,007.47Cr

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.5%5.9%6.7%7.7%
Category average3.7%6.3%6.5%NA
Rank with in category17102NA
Understand terms

Holdings (23)

NameSectorInstrumentAssets
EnergyCP7.4%
HDFC Bank Ltd.
FinancialCD7.4%
EnergyCP6.4%
Reserve Bank of India
FinancialT-Bills5.4%
LIC Housing Finance Ltd.
FinancialCP5.0%
FinancialCP5.0%
Ultratech Cement Ltd.
ConstructionCP4.9%
FinancialCP4.9%
Reserve Bank of India
FinancialT-Bills4.9%
Reserve Bank of India
FinancialT-Bills3.9%
See All

Pros and cons

Category: Debt Money Market

Pros

5Y annualised returns higher than category average by 0.13%
Exit load is zero
Lower expense ratio: 0.24%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

1Y and 3Y annualised returns lower than category average
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.24%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹10,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Shriram Ramanathan
Mar 2020 - Present
View details
Jalpan Shah
Apr 2017 - Present
View details

Fund house & investment objective

Fund house contact details

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